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sanctions
in response to a nuclear test explosion in February, the North's third.38
North says if North Korea has produced enough low-enriched uranium to run
the new reactor, it could commence the lengthy process of starting it
up in the coming weeks, and be fully operational during the first
half of 2014."Pyongyang is probably planning to build additional power reactors
to end its electricity shortage and help solve its economic problems. It
may have some residual ability to produce plutonium for nuclear weapons,
but the biggest concern about these reactors is whether they are safe
or not," said Joel Wit, a former State Department official and editor
of 38 North.North Korea lacks experience in designing and running light-water
reactors and there's no international oversight of its nuclear program.
Containing the nuclear fuel and keeping the reactor cool pose major challenges
-- as would unforeseen events like natural disasters that caused a meltdown
in Japan's Fukushima reactor in 2011, the analysis says.Aerial images indicate
the North has made rapid headway in the past year on constructing
the reactor, although installation of its water and electrical connections
is incomplete. And there are signs that equipment was moved inside the
reactor during the fall. That's where the bulk of the work is
now likely being done -- beyond satellite eye's view.North Korea revealed
an industrial-scale uranium enrichment facility in 2010 to provide
The number of Americans seeking unemployment aid fell last week to seasonally
adjusted 324,000, the lowest since January 2008. The drop points to fewer
layoffs and possibly more hiring.The Labor Department says weekly applications
fell 18,000, the second straight sharp drop. The four-week average, a less
volatile measure, plummeted 16,000 to 342,250.Applications are a proxy for
layoffs. But fewer job cuts are only one side of the equation:
Companies also need to be confident enough to add workers for job
growth to pick up and lower the unemployment rate.Economists forecast that
the economy added 160,000 jobs last month. That's much better than the
88,000 added in March, but below last year's pace of nearly 185,000
per month. The unemployment rate is expected to remain unchanged at 7.6
percent.The government will release the April employment report Friday.Weekly
applications at or below 350,000 are generally consistent with moderate
hiring. But other reports have signaled a worsening jobs picture.On Wednesday,
payroll provider ADP said companies added just 119,000 jobs in April. And
a survey of manufacturers by the Institute for Supply Management found that
a measure of employment fell sharply last month.Many companies have been
advertising more jobs but have been slow to fill them. Job openings
jumped 11 percent during the 12 months that ended in February, but
the number of people hired declined, according to a Labor Department report
l
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